Effective policy measures by the Government over the last 36 months have revived the Indian road sector and supporting the execution pace. According to ICRA, these include steps like awarding projects after securing 80 per cent right of way; expediting projects stuck midway, delegating the power to grant forest clearances to regional offices, online filing for clearances to construct ROB and RUBs and increasing the limit on sand mining.
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Kochi port to earn more with sand import
Restrictions clamped on sand mining in Kerala are going to help Kochi port to gain more revenue. Real estate companies are expected to depend on imported sand to meet the growing demand and Kochi port sees it as an opportunity to enhance its cargo throughput.